LEGRAND SA UNSP/ADR - LGRDY STOCK NEWS

Legrand, a global leader in electrical and digital building infrastructures, announced its support for the Cisco Live Event in Las Vegas from June 2-6, 2024. Legrand's contributions include its award-winning data, power, and control products like Raritan and Server Technology intelligent PDUs, Infinium fiber solutions, and cable management systems. Chris Osian, a product manager at Legrand, will present a session on June 5 focusing on remote plug-in actuators. Additionally, Legrand will showcase its newly acquired business, ZPE Systems, known for secure serial console out-of-band management solutions. The company's involvement extends to powering the event's Network Operation Center (NOC), reflecting its commitment to innovation and reliability in digital infrastructure solutions.

ZPE Systems, now part of Legrand, introduced two new products at Cisco Live Las Vegas: the Nodegrid Serial Console Core Edition and the Nodegrid Gate SR platform with an embedded NVIDIA Jetson Orin Nano module. These products aim to protect IT infrastructure and AI investments from cyber threats. The Core Edition is a cost-effective console server that utilizes Isolated Management Infrastructure (IMI) to separate management traffic from production networks, enhancing cybersecurity. The Nodegrid Gate SR, with its Jetson module, supports out-of-band device management, enabling secure deployment and management of AI workloads. Both products target improved resilience and security for organizations of all sizes.

Legrand achieves ISO27001 certification for its Data, Power & Control division, ensuring high cybersecurity standards and information security for network-connected devices. The certification covers thorough testing and adherence to NIST and ISO standards, with additional vulnerability and penetration testing. Legrand's commitment to cybersecurity in its products is exemplified by achieving all 114 process controls required for the certification.

Legrand introduces the revolutionary Starline Remote Plug-In Actuator to enhance data center safety amid rising power densities. The actuator allows for remote engagement of plug-in units through fiber optic cable or Bluetooth connectivity, ensuring operator safety and maximizing uptime. With a focus on innovation and excellence, Legrand's patent-protected technology aims to simplify and improve data center operations globally.

Legrand® announces the retirement of John Selldorff after 22 years as President and CEO of Legrand, North & Central America, with Brian DiBella set to take over. Under Selldorff's leadership, LNCA grew from a $600 million business to around $4 billion, representing 40% of the Group's global revenue. DiBella's promotion reflects Legrand's focus on talent development and future leadership.

Legrand (LR) completes acquisition of ZPE Systems, Inc., expanding its data center solutions and services. ZPE's secure management infrastructure and services delivery platform for data center, branch, and edge environments complement Legrand's comprehensive data center offerings.

Approved Networks, a brand of Legrand, announces the launch of its latest product, the 400G QSFP-DD ZR, a state-of-the-art transceiver module that sets a new standard for data transmission across vast distances.

Legrand announces new advances with Microsoft to create a new hybrid conferencing space with Signature Microsoft Teams Rooms featuring Legrand products. The partnership aims to improve the in-room conferencing experience for both in-person and remote participants. Legrand provided key components for the showcase spaces, including productivity and AV solutions, furniture power solutions, and architectural acoustic wall panels. The partnership and global reach are valuable to Microsoft and its customers. Hybrid workplaces are considered the future, and this collaboration aims to design exceptional audio-visual experiences for employees.